Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has reported rapid growth throughout 2015, including the expansion of its US market footprint into key geographies, and new strategic partnerships.
Continued demand for Abacus’s managed cloud service offerings has produced in excess of 50 per cent annual year-over-year growth, leading the company to expand its presence into several key geographies including Los Angeles, Dallas, and Charlotte, and most recently Boston. These new locations are dedicated to improving and providing support for Abacus’s private cloud products and services that hedge fund and private equity firms, while allowing Abacus to expand the company to almost 100 employees across the country.
In an effort to address and align with ongoing client concerns around cybersecurity, Abacus has also strategically partnered with Kaspersky Labs and Foresite to deploy their industry-leading cybersecurity solutions to protect the valuable data assets of Abacus’s customers. Abacus will integrate Kaspersky’s Endpoint Security into Abacus FLEX workstations/laptops to improve detection and response to cyber threat, and will be deploying Foresite network wide to provide clients with enhanced security monitoring and analysis to prepare, respond and recover from potential cyber threats.
